Since its 52-week low, Caesars Entertainment Corporation (CZR) has marched up 79.93%

Caesars Entertainment Corporation (NASDAQ:CZR) enjoyed a 79.93% run-up in share price since hitting record low of $6.85. The stock managed -3.33% fall and now stands at $12.32 as of 11/17/2017. At recent session, the prices were hovering between $12.2 and $12.7. This company shares are 25% off its target price of $15.4 and the current market capitalization stands at $8.82B. The recent change has given its price a -1.55% deficit over SMA 50 and -9.38% deficit over its 52-week high. The stock witnessed 2.28% gains, 7.17% gains and 11.54% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CZR’s volatility during a week at 3.58% and during a month it has been found around 3.12%.

Caesars Entertainment Corporation (CZR) Top Holders

Institutional investors currently hold around $3.45 billion or 16.9% in CZR stock. Look at its top three institutional owners. Apollo Management Holdings, L.P. owns $917.84 million in Caesars Entertainment Corporation, which represents roughly 10.41% of the company’s market cap and approximately 26.64% of the institutional ownership. Similar statistics are true for the second largest owner, Paulson & Co. Inc., which owns 35,734,647 shares of the stock are valued at $455.62 million. The third largest holder is Vanguard Group Inc, which currently holds $211.4 million worth of this stock and that ownership represents nearly 2.4% of its market capitalization.

Caesars Entertainment Corporation 13F Filings

At the end of 09/30/2017 reporting period, 105 institutional holders increased their position in Caesars Entertainment Corporation (NASDAQ:CZR) by some 41,334,765 shares, 66 decreased positions by 13,754,981 and 26 held positions by 215,102,349. That puts total institutional holdings at 270,192,095 shares, according to SEC filings. The stock grabbed 36 new institutional investments totaling 9,182,577 shares while 21 institutional investors sold out their entire positions totaling 4,043,919 shares.

Caesars Entertainment Corporation (NASDAQ:CZR) Insider Trades

Multiple company employees have indulged in significant insider trading. Caesars Entertainment Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chairman Loveman Gary W has sold 75,000 shares of Caesars Entertainment Corporation (CZR) in trading session dated Dec. 20, 2016. These shares are worth $549,750 and were traded at $7.33 each. The SEC filing shows that Loveman Gary W performed a sale of 24,000 shares. The Chairman disposed these shares by way of transaction on Aug. 17, 2016. The company’s shares were given away at $7.77 per share worth to an income of some $186,480 on account of Loveman Gary W.

EVP, Gen. Counsel, Chief RCO, Donovan Timothy R, sold 43,740 common shares of Caesars Entertainment Corporation (CZR) in the open market. In a transaction dated Aug. 17, 2016, the shares were put up for sale at an average price of $7.7, raking in a sum of $336,798. After this sale, 292,021 common shares of CZR are directly owned by the insider, with total stake valued at $3,597,699.

In the transaction dated Aug. 08, 2016, the great number of shares disposed came courtesy the EVP, Gen. Counsel, Chief RCO; Donovan Timothy R disposed a total of 43,168 shares at an average price of $7.58, amounting to approximately $327,213. The insider now directly owns 335,761 shares worth $4,136,576.

Caesars Entertainment Corporation (CZR) Analyst Guide

Several analysts have released their opinion on Caesars Entertainment Corporation (NASDAQ:CZR), with 3 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.5 average brokerage recommendation.

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